A Calgary woman, along with the BBB and the Alberta Securities Commission, are warning investors of cryptocurrency fraud after complaints explode.

Aylmer Police are investigating after they say a man lost $141,000 in a Bitcoin cryptocurrency scam over the span of half a year.

The price of Bitcoin slumped as much as five per cent to its lowest since late September, tumbling under US$41,000.

The Bank of Canada has spent years looking at whether to introduce a digital currency, but so far hasn't seen an immediate need to issue one.

Bitcoin's price is continuing to plummet as the cryptocurrency tries to rebound from the weekend in which its value dropped on the markets.

The C.D. Howe Institute says Canadian-dollar-linked stablecoins could become attractive if they are convertible into cash issued by the Bank of Canada.

'I think there's a lot that's left to be explained about how Bitcoin City is going to work,' said Canadian author Alex Tapscott of El Salvador's offer of 'volcano bonds.'

The youth was arrested follwoing a joint investigation that included the FBI and U.S. Secret Service.

Bitcoin and ether hit record peaks on Tuesday, with enthusiasm for cryptocurrency adoption and worry about inflation driving momentum and flows into the asset class.

The crypto space is still rife with scams. But does that mean you shouldn't invest?